Louisiana officials estimate the increase could mean an additional $46 million per year flowing to the state’s Coastal Trust Fund.
Louisiana coastal officials say the state’s coastal restoration program will receive a significant influx of cash following the passage of the “One Big Beautiful Bill” Act, thanks to a long-sought increase in the federal revenue sharing cap for offshore energy production.But the good news comes amid broader concerns about cuts to other key funding streams and uncertainty in the fed...
To access content, please login or purchase a subscription.